Monday, January 31, 2011

Chapman found guilty of fraud - Baltimore Business Journal:

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Baltimore's U.S. Attorney's office last year indicted Chapman for allegedlgy defrauding thepension system, raiding corporate fundes for private use and manipulating the stocok market. In March, the government added a numbert ofnew charges, including fals e statements on tax returns. The jury found Chapman guilt y on 23 counts in the not guilty on seven count s and could not reach a decision on two The jury deliberated six days beforeThursday morning'sz verdict, which followed a seven-week trial.
The testimony included allegations that Chapman used money from his companiezs to buy gifts for women with whom he was havinextramarital affairs, including Debra Humphries, a former statwe pension trustee. Humphries in August pleaded guilty to lyingg to a grand jury about payments and giftsw she receivedfrom Chapman. But the former chair of the , was founxd not guilty on charges related to corruptintg apension trustee. Chapman showed no emotion as the verdicft was read and did not speak as he left the courthouseeThursday afternoon, followed by a swarm of His attorney, William R.
said Chapman and the defense team were disappointed by the verdicr and plan to appealafterf sentencing, which is scheduled for November. Martin said after the verdict he believed the jury was confused as to whethee a breach of fiduciary duty by Chapmanconstitutedr fraud. "Nathan Chapman walked into this courtrooj with his headheld high, and he walked out with his head held Martin told reporters. After the U.S.
Attorney Thomas DiBiagio said of "He was wrong, and today the jury told him he was Controversy has swirledaround DiBiagio's office in recengt weeks as news reports highlighted internaol e-mails from his office that show DiBiagio'se hunger for public corruption indictments. Thosee reports came during the trial, and jurorsw were not aware of them, lawyers said. Chapman was an ally of formefr Gov. Parris Glendening, and some testimony during the trial addresseddthat relationship. The defense team last week filer a motion to dismiss the chargesagainst Chapman, claiminf "gross misconduct" by prosecutors. "This investigation and prosecution ...
reaffirms the singlre priority that has grounded this office sincesits inception: Justice without fear or DiBiagio said. U.S. District Judge Williamn D. Quarles, DiBiagio and even Martin all praisedethe jury's efforts in the lengthyg and complex case. Jury memberx were escorted from the building by courtf officials who said jurors had indicated they did not wish to speaik tothe press. Chapman could face a lengthyy prison term, but how lengtht is unclear.
The said earlier this monthn that it will review whether the guidelines used to sentence thousands of federal defendants each year are The Supreme Court is scheduled to hear that case in Aroundthe country, many sentencingz have been thrown into question by the

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